Equitable Holdings Inc. Takes Position in Emerson Electric Co. $EMR

Equitable Holdings Inc. purchased a new position in shares of Emerson Electric Co. (NYSE:EMR) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 59,906 shares of the industrial products company’s stock, valued at approximately $8,576,000.

Other hedge funds also recently added to or reduced their stakes in the company. Centaurus Financial Inc. bought a new stake in shares of Emerson Electric during the 2nd quarter worth approximately $106,000. Coastal Bridge Advisors LLC bought a new position in Emerson Electric in the 2nd quarter valued at $717,000. Jefferies Financial Group Inc. purchased a new stake in Emerson Electric in the second quarter worth $1,299,000. Public Employees Retirement System of Ohio bought a new stake in shares of Emerson Electric during the second quarter worth $33,277,000. Finally, MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Emerson Electric during the second quarter valued at $800,000. 74.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is owned by company insiders.

Emerson Electric Trading Down 0.4%

NYSE EMR opened at $157.58 on Friday. The company’s 50-day simple moving average is $148.70 and its two-hundred day simple moving average is $143.49. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The company has a market capitalization of $88.26 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the firm earned $1.52 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. Equities analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be given a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s payout ratio is presently 48.58%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wells Fargo & Company raised their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. JPMorgan Chase & Co. raised shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a research note on Friday, July 17th. Rothschild & Co Redburn boosted their price target on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Finally, Barclays increased their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus price target of $167.39.

About Emerson Electric

Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson’s offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.

Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.